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El stock de capital industrial medido a través de la relación inversión-empleo: estimaciones para los estados mexicanos

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  • Vicente Germán Soto

    ()
    (Profesor de la Facultad de Economía de la Universidad Autónoma de Coahuila.)

Abstract

In this paper we propose an estimation of the stock of capital series for the industrial sector of the Mexican states. In order to do it, the average age of the capital stock is calculated by estimating an empirical model that relates investment rates and employment. The empirical findings suggest a significant interregional variation in the capital stock age that coincides with technology differences among industrialized and non (or less) industrialized states. The regional tendencies of the capital stock series indicate a growing relationship among the capital-labor ratios and a relatively stable investment rate, an advanced result from the economic theory.

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File URL: http://www.economia.uanl.mx/revistaensayos/xxvii/1/El-stock-de-capital-industrial.pdf
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Bibliographic Info

Article provided by Universidad Autonoma de Nuevo Leon, Facultad de Economia in its journal Ensayos Revista de Economia.

Volume (Year): XXVII (2008)
Issue (Month): 1 (May)
Pages: 53-80

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Handle: RePEc:ere:journl:v:xxvii:y:2008:i:1:p:53-80

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Related research

Keywords: capital stock; employment; regional investment; growth; capital-labor ratio;

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Cited by:
  1. Brock, Gregory & German-Soto, Vicente, 2013. "Regional industrial growth in Mexico: Do human capital and infrastructure matter?," Journal of Policy Modeling, Elsevier, vol. 35(2), pages 228-242.

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